1518 E NORTHSHORE Drive, Tempe, AZ 85283, Tempe, 85283 - 3 bed, 2 bath
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1518 E NORTHSHORE Drive
Tempe, AZ 85283
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,416Sq Ft
7,235Lot Size
Property Price
LIST PRICE$529,000
EST. MARKET VALUE
$492,335
7% AboveMARKET VALUE
SUMMARY
This Single-Family Residence is a Strong Value Opportunity, listed at $529,000—positioned well above the $492,336 Fair Market Value by 7%. While the list price exceeds the current estimate, the property offers significant upside through its Condition Rating of 4, allowing for cosmetic modernization of the dated kitchen to drive appreciation. Featuring a Private Swimming Pool, Large Lot, and access to The Lakes Clubhouse amenities, this home provides a robust lifestyle foundation. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a prime Tempe location.
Estimated Market Value
$492,335
Based on Realkey algorithm analyzing recent comparable sales in Tempe.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1518 E NORTHSHORE Drive Subject | $529,000* List Price | 3 | 2 | 1,416 | $348 | - |
A 5619 S CROWS NEST Road Sold | $489,000 | 2 | 2 | 1,282 | $381 | 0.4 mi |
B 1544 E Driftwood Drive Sold | $515,000 | 3 | 2 | 1,620 | $318 | 0.3 mi |
C 1139 E WATSON Drive Sold | $455,000 | 3 | 2 | 1,652 | $275 | 0.7 mi |
D 965 E LAMPLIGHTER Lane Sold | $650,000 | 3 | 2 | 1,952 | $333 | 0.7 mi |
E 1508 E WEATHERVANE Lane Pending | $540,000 List Price | 3 | 2 | 1,631 | $331 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1973 and while 'immaculate' and well-maintained, the property features a dated kitchen with older honey-oak style cabinetry and white appliances likely from a 20+ year old renovation. The home is move-in ready but requires cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7235, living area = 1416.
- Private Outdoor Oasis
The property features a private swimming pool with an extended cool deck, gated entry, and a spacious front courtyard, offering exceptional outdoor living space ideal for the Arizona climate.
- Premium Community Amenities
Located in 'The Lakes,' residents enjoy access to a high-end clubhouse featuring a junior-Olympic heated lap pool, tennis/pickleball courts, and a comprehensive fitness center.
CONSRISKS & DEFICIENCIES
- Vintage Property Age
Built in 1973, the home may feature older mechanical systems or architectural styles that require modernization to compete with newer residential developments.
- Moderate School Ratings
The assigned middle and high schools have relatively low-to-average ratings (4/10 and 5/10), which could be a drawback for education-focused families.
About 1518 E NORTHSHORE Drive
Single-level, block construction, 3 bed/2 bath, 1,416sqft home with SWIMMING POOL has been lovingly cared for and is warm and inviting from the moment you enter. This immaculate home features a private, gated entry, spacious front courtyard with a Large Private Pool and extended cool deck, covered patios and lush landscaping, INSIDE LAUNDRY, and tiled Garage! Be sure to check out all the amenities offered at The Lakes Clubhouse which include a junior-Olympic heated lap pool, heated spa, tennis/pickleball courts, weight room, cardio room and much more! You'll Love Living in The Lakes!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 7,235 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $405 / Month
Neighborhood Insights
Tempe Unified Schools
Rover Elementary School
Grades K-5 • 0.6 mi
5/10
Fuller Elementary School
Grades K-5 • 0.8 mi
7/10
Fees College Preparatory Middle School
Grades 6-8 • 0.5 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,416 | 1,773.888 |
| Lot Size | 7,235 | 8,245.105 |
| Price | $529.0K | $529.7K |
| Price per sq ft | $374 | $314 |
| Built year | 1973 | 1972 |
| HOA | $405 | $292 |
| Days on market | 27 | 63 |
Pricing History
Listed for Sale
Aug 13, 2026
$529,000
Initial Listing